Reaching Out To The Underbanked

Reaching Out To The Underbanked

When it comes to the terms underbanked and unbanked, there is a tendency to use these words interchangeably. However, there are clear distinctions between the two.  The underbanked refers to people that don’t take full advantage of financial services. This is especially true with banks. It may partially have to do with their inability to […]

Good Payment Solutions Help Your Business Grow

Good Payment Solutions Help Your Business Grow

With so many moving parts to running a business, it is very common to put your payment solution on autopilot and let it do its thing from day in to day out. You may see it as simply another cog in the wheel, keeping things turning, assisting you to generate income. However, the wise thing […]

Payment Innovation Is Mandatory Due To Pandemic

Payment Innovation Is Mandatory Due To Pandemic

WEX, a major financial technology service provider for sectors such as healthcare, travel, and fleet, in collaboration with E(BrandConnect), a commercial arm of The Economist Group, released a white paper titled, “The Digital Payments Tipping Point”. The aim was to assess the current state of payment innovation for B2B payments during the COVID-19 pandemic.  They […]

ePayments For The Unbanked Are Thriving

ePayments For The Unbanked Are Thriving

A report produced by PwC Global titled, “Emerging Markets: Driving The Payments Transformation” details how consumers’ needs are driving the revolution in payments within emerging markets.  According to the study, 85% of the global population live in countries known as emerging markets.  Representing one-third of the world’s population, China and India’s 2.5 billion people can […]